Posted: Sep 21, 2013 6:18 pm
Veenet wrote:If the money system is supposed to represent an I-owe-you for work actually done, then it is severely flawed when high up CEO can make in one hour the same amount their slaving hourly workers make in a year, when the "owner" of some "intellectual property" can profit indefinitely of a work performed once, and so on.
I take it that you're nowhere near the CEO end of that spectrum?
Let me tell you something about value of work.
I am a network engineer. When there is a fault on one of my networks, it stops two thousand people from working. Every man-hour I spend resolving the problem is worth at least two thousand man-hours. See how that works?
Veenet wrote:I don't say that we need to do away with the money system, but that the distribution of wealth based on actual work done seems so far out of balance that many people are a form of virtual slave to others who have the financial capability to lobby and ensure that things don't change.
this..
It is a simplistic way of thinking and i don't have the answers. I wish I had a perfect alternative. It is quite easy to see that the monetary system is holding us back and is deeply flawed and will never work. All i know is that is will never work in the long run so change is inevitable although highly unlikely we would see it in our lifetime.
The main problem with the monetary system is that it can never be ethical. If a shop owner knows his mars bar costs 5 cent more than his friend's shop down the road, he would be failing business wise to tell the customer that.
What the hell are you on about? He already tells the customers what his goods cost. Its up to the customer to compare his price with his competitors.
Veenet wrote: if a leading official sitting on the council of foreign relations knows that a particular policy they are thinking of applying will loose his company millions of dollars, he would be failing monetary system wise to apply the policy even if the policy would save millions of lives.
Why live in an unethical backwards system that causes 90% of the worlds problems just because it's the simplest way of trading?
You're confusing policy decision based on conflict of interest with what you imagine to be a faulty system of portable value.